F&C US SMALLER COMPANIES PLC

F&C US SMALLER COMPANIES PLC

Previous company name
FOREIGN & COLONIAL U.S. SMALLER COMPANIES PLC
Name change date
12/5/2002
Company Overview
F&C U.S. Smaller Companies PLC is an investment trust company which invests in a portfolio of quoted United States smaller and medium-sized companies in the following sectors: vehicles and transportation, consumer discretionary, healthcare, materials and processing, financial, other energy, producer durables, technology and utilities. The company was formerly known as Foreign & Colonial U.S. Smaller Companies PLC and was incorporated in 1993. The registered business address of the company is located in London, United Kingdom.
F&C U.S. Smaller Companies is an investment company defined in Section 266 of the Companies Act 1985. The company has been approved by the Inland Revenue to operate as an investment trust in accordance with Section 842 of the Income and Corporation Taxes Act 1988. The F&C U.S. Smaller Companies is managed by F&C Management Limited, a wholly owned subsidiary of F&C Asset Management PLC.
F&C U.S. Smaller Companies invests mainly in companies with a market capitalization between US$100 million and US$3 billion; focuses on absolute as well as relative performance with the emphasis being firmly on capital growth; and takes a conservative approach to stock selection, looking for companies with a strong franchise, free cash flow management who hold a stake in the business and inexpensive shares.
The company’s ten largest investments include Cousins Properties, Pride International, Fred’s, LKQ, Republic Services, BankUnited Financial, Conn’s, Kirby Corp, Lithia Motors and SCP Pool.
The objective of the company is to achieve long-term capital growth by investing in a diversified portfolio of quoted US smaller and medium sized companies.
F&C U.S. Smaller Companies is listed in the London Stock Exchange.
Business Summary
The Company conducts its affairs so as to be qualified as an Investment Trust under the provisions of Section 842 of the Income and Corporation Taxes Act, 1988. Approval of the Company under S842 has been received (subject to no subsequent enquiry) in respect of the year ended 30 June 2006 and all previous applicable financial years.

The Company’s investment objective is to achieve long-term capital growth by investing in a diversified portfolio of quoted US smaller and medium sized companies.
Description and history
The Company conducts its affairs so as to be qualified as an Investment Trust under the provisions of Section 842 of the Income and Corporation Taxes Act, 1988. Approval of the Company under S842 has been received (subject to no subsequent enquiry) in respect of the year ended 30 June 2006 and all previous applicable financial years.

The Company’s investment objective is to achieve long-term capital growth by investing in a diversified portfolio of quoted US smaller and medium sized companies.

HISTORY :

The Company was incorporated on 15 January 1993 and listed to the Alternative Investment Market of London Stock Exchange on 11 March 1993.

Formerly known as Foreign & Colonial U.S. Smaller Companies PLC

Business Line
Engaged as an investment trust company
Subsidiary
AARON’S, INC.
Advisor
PRICEWATERHOUSECOOPERS LLP
IPO date
3/11/1993
US SIC Code
6726
Company Address
EXCHANGE HOUSE
PRIMROSE STREET
City province or state postal code
EC2A 2NY, LONDON
Phone: +44 20 7628 8000
Fax: +44 20 7628 8188
Country address: UNITED KINGDOM
Website url: www.fandc.co.uk